05-12-2021, 01:31 AM
The 4 Metrics that I rate my Profits & Losses against
<!-- SC_OFF --><div class="md"><p>There are 4 metrics that I rate my plays against every month. This allows me to identify any weaknesses in either my strategy or my psychology.</p> <p>I break all my profits/losses into these 4:</p> <ol> <li>Few Big Wins</li> <li>Lots of Small Wins</li> <li>Few Small Losses</li> <li>NO Big Losses</li> </ol> <p>If you can build a strong win rate while maintaining your losses, you WILL become profitable. You must be very diligent in all areas of your system, both in tracking, set up, execution and analytics. Identify and attack weaknesses. Anyone can do it. All it takes is a willingness to learn, hard work, and attention to detail.</p> <p>​</p> <p>-OM</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Ok-Membership2088"> /u/Ok-Membership2088 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/na8le8/the_4_metrics_that_i_rate_my_profits_losses/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/na8le8/the_4_metrics_that_i_rate_my_profits_losses/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There are 4 metrics that I rate my plays against every month. This allows me to identify any weaknesses in either my strategy or my psychology.</p> <p>I break all my profits/losses into these 4:</p> <ol> <li>Few Big Wins</li> <li>Lots of Small Wins</li> <li>Few Small Losses</li> <li>NO Big Losses</li> </ol> <p>If you can build a strong win rate while maintaining your losses, you WILL become profitable. You must be very diligent in all areas of your system, both in tracking, set up, execution and analytics. Identify and attack weaknesses. Anyone can do it. All it takes is a willingness to learn, hard work, and attention to detail.</p> <p>​</p> <p>-OM</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Ok-Membership2088"> /u/Ok-Membership2088 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/na8le8/the_4_metrics_that_i_rate_my_profits_losses/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/na8le8/the_4_metrics_that_i_rate_my_profits_losses/">[comments]</a></span>Kind Regards R